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20121205
20121213
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for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign. >> the longer the white house road blocks this discussion, closer our economy gets to the fiscal cliff. >> in an interview, the president was optimistic a deal can be reached. >> i'm confident republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> monday night, white house sent speaker boehner on offer including $1.2 trillion in new revenue. yesterday, boehner sent a counter proposal back but looked almost exactly like their original plan. $800 in new revenue continues to be the sticking point. tax rates on the top earners. republicans insist the white house gives them specifics on the cuts the president is willing to make. yesterday spokesman brought out a copy of the budget, evidence they've done that alre
. much of the interview is focused on the fiscal cliff. it also talked about topics vital to tech and business communities. and what more could be done to boost the economy. here is some of what he had to say. >> conversation was ceos, they teal me we're ready to fire. -- hire. but we want a little bit of certainty out there. and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check will be bigger than usual. ora cell will pay next three dividends at once. the software giant joins a lift of companies moving dividends forward into the year to avoid a phone shall tax hike in january. and shares of pandora falling after the company says the loss will be wider than forecast. it wasn't all bad news, pan doora said sales rose 60% and profits rose 187%. stocks were little changed after the president held his ground about raising taxes to the highest income tern americans. your bloomberg silicon valley index closed qlor, apple, google and ebay dragging index down. disney and net flix reach
with thousands of dollars. >> time is running out to avoid a so called fiscal cliff. now a warning about how it could bring the economy to a stand still. >> and what begans as a royal pregnancy prank by two australian djs has a tragic ending. what happened to >>> we're tracking this for you in eastern contra costa county. you can see the scene of a horrific accident here. at least one body has been found on the scene believed to be that of a young boy.wikkg investigators right now are looking for a second body here at this crash site. you can imagine, traffic on the highway is backed up for miles right now. we'll keep following this for you. >> some lucky families now have $20,000 available to make a down payment on a house after attending an event held by wells fargo bank. it's called city lift. for those who qualify it's a life changing experience. laura anthony joins us live now in oakland. >> this he dent vent still qog on. it's a two day event here. before it's over tomorrow evening, about a thousand people could go through here, for hose who qualify for at sis stance this could be the
efforts to avoid the fiscal cliff. >> the speaker and minority leader took the fight over the cliff to the house floor today. abc 7 news mark matthews joins us now with more on this. >> there is an inside game and outside game. right now, they and their supporters are showing us only outside game. john boehner says the president is not serious about putting -- cutting spending. >> we're waiting for the white house to identify what cuts of president is willingóñ'÷ to make as part of the approach that he promised. pelosi challenging republicans to extend tax cuts for middle class. >> we've been calling upon the speaker to bring forth middle income tax cut now for a long time. in fact, since last summer. >> the white house pushed back pointing to the 250 page budget. >> it's the issue is where are your proposals i think we've answer that had question in full.)zqxÑ >> to which they responded that if the president gets what he wants he's putting the country a trillion in debt. >> it's something we cannot let him to do owe our count zpri our children. >> look closely. the place is emp
on the plan on the web site through december 18th. >> there is some signs today prof gres in the fiscal cliff negotiations. the president still says he won't compromise on demands that the wealthyest americans pay more in tax autos he's not criticizing republicans, either. that is a possible indication that private tuck talk was republican leaders are going along okay. >> move on.org is hosting rallies and pushing for an end to those cuts. abc 7 news is at one of them right now. >> this rally supposed to begin at 4:00 this afternoon. they're slow getting started. there is a couple dozen people here this, he say they're expecting about 400 by later tonight. there were rallies like this around the bay area today in walnut creek and into oakland. outside of the social security administration office a crowd of 50 listened to speakers calling on congress to quote do the right thing. >> tax the super rich. protect the middle class. >> they added don't do anything to cut social security or#'6qp medicare or medicaid. >> i tell you, i'm going back to washington, d.c. tomorrow to continue to fight for
Search Results 0 to 4 of about 5